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Rocket Lab Is Playing a Much Bigger Game Than Rocket Launches

Backlog climbed to $2.36 billion as defense awards and the Iridium deal offset investor worries over Neutron delays and dilution.

Summary by 24/7 Wall St.
Rocket Lab's stock has cratered nearly 30% in a month, yet its backlog just surged 137% year over year and analysts see over 100% upside from here. The question is whether a cracked rocket tank just derailed the whole story.

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24/7 Wall St. broke the news in Lakewood, United States on Sunday, October 25, 2026.
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